The word comes from ESPN's Ed Werder via Twitter: "Saints will monitor Jimmy Graham's ankle/foot injuries during bye this week but do not believe it is serious at this time."
Graham suffered his injuries during the fourth quarter of Sunday's loss to the Patriots. He was held without a catch for the first time since 2010.

Fantasy Analysis:

A couple of things to keep in mind here: We still don't know what Graham's exact affliction is, but Werder says Graham has "ankle/foot injuries." Plural. Also, while the Saints don't believe Graham has a major injury, Werder qualifies his report by stating that the team doesn't believe it's anything major "at this time." That kind of leaves the door open for some bad news. Graham is expected to play in Week 8, but that's not a certainty right now.